CEO Elon Musk reaffirmed that production for the steering-wheel-free Cybercab will commence in April, though Tesla shares fell 2.28% to $407.93 following new sales incentives.
- To combat sluggish January sales, Tesla launched a 0.99% APR financing promotion for the Model Y, which analysts suggest could pressure quarterly margins.
- Fresh data indicates the Austin Robotaxi pilot remains limited in scope, currently operating with only 42 vehicles and 19% availability.